After the upgrade of MORPHO's token economy, it not only has governance rights but also includes attributes of 'earning + anti-dip,' making holding tokens more cost-effective:
① Many benefits for token holders, not just saving on transaction fees
Using MORPHO to pay protocol transaction fees can get up to a 30% discount. Borrowing 1 million USDT saves several thousand compared to not using MORPHO;
New features (such as cross-chain derivatives) are launched, allowing token holders to experience them first and seize profit opportunities earlier than others, equivalent to 'holding tokens has privileges.'
② Staking can yield dividends and also enjoy deflation
Staking MORPHO can share '30% of protocol income'; for example, if the protocol earns 20 million in a quarter, stakers can share 6 million. The longer you hold tokens and the more you stake, the more you share;
The protocol will also use 10% of the transaction fees to repurchase and burn MORPHO. The more tokens are burned, the fewer there will be, which can reduce selling pressure in the long run and make the tokens more resilient.
③ Good reputation can earn extra rewards, more participation means more earnings
Active voting, proposing quality suggestions, and helping the community answer questions can increase 'reputation points'. Users with high reputation can earn 20% more on staking rewards and will have priority in participating in ecological fund investments.
Will not allow users who 'only hold tokens and do nothing' to take too much advantage, encouraging everyone to engage deeply in the ecosystem.
The upgraded token economy transforms MORPHO from a 'governance tool' into an 'asset that can earn money', providing more solid value support.
